diff --git a/examples/advanced/main.tf b/examples/advanced/main.tf
index be34166d..802bf9a3 100644
--- a/examples/advanced/main.tf
+++ b/examples/advanced/main.tf
@@ -4,7 +4,7 @@
 
 module "resource_group" {
   source  = "terraform-ibm-modules/resource-group/ibm"
-  version = "1.2.0"
+  version = "1.2.1"
   # if an existing resource group is not set (null) create a new one using prefix
   resource_group_name          = var.resource_group == null ? "${var.prefix}-resource-group" : null
   existing_resource_group_name = var.resource_group
@@ -16,7 +16,7 @@ module "resource_group" {
 
 module "cloud_logs" {
   source            = "terraform-ibm-modules/cloud-logs/ibm"
-  version           = "1.0.0"
+  version           = "1.5.0"
   resource_group_id = module.resource_group.resource_group_id
   region            = var.region
   data_storage = {
@@ -39,7 +39,7 @@ locals {
 
 module "event_streams" {
   source            = "terraform-ibm-modules/event-streams/ibm"
-  version           = "3.4.2"
+  version           = "3.4.18"
   es_name           = "${var.prefix}-eventsteams-instance"
   tags              = var.resource_tags
   region            = var.region
@@ -68,7 +68,7 @@ locals {
 
 module "key_protect" {
   source            = "terraform-ibm-modules/kms-all-inclusive/ibm"
-  version           = "5.1.2"
+  version           = "5.1.8"
   resource_group_id = module.resource_group.resource_group_id
   region            = var.region
   resource_tags     = var.resource_tags
@@ -91,7 +91,7 @@ module "key_protect" {
 
 module "cos" {
   source            = "terraform-ibm-modules/cos/ibm"
-  version           = "9.0.2"
+  version           = "9.1.0"
   resource_group_id = module.resource_group.resource_group_id
   cos_instance_name = "${var.prefix}-cos"
   cos_tags          = var.resource_tags
@@ -104,7 +104,7 @@ locals {
 
 module "buckets" {
   source  = "terraform-ibm-modules/cos/ibm//modules/buckets"
-  version = "9.0.2"
+  version = "9.1.0"
   bucket_configs = [
     {
       bucket_name                   = local.at_bucket_name
diff --git a/examples/basic/main.tf b/examples/basic/main.tf
index c5959a54..813a7e3c 100644
--- a/examples/basic/main.tf
+++ b/examples/basic/main.tf
@@ -4,7 +4,7 @@
 
 module "resource_group" {
   source  = "terraform-ibm-modules/resource-group/ibm"
-  version = "1.2.0"
+  version = "1.2.1"
   # if an existing resource group is not set (null) create a new one using prefix
   resource_group_name          = var.resource_group == null ? "${var.prefix}-resource-group" : null
   existing_resource_group_name = var.resource_group
@@ -20,7 +20,7 @@ locals {
 
 module "event_streams" {
   source            = "terraform-ibm-modules/event-streams/ibm"
-  version           = "3.4.2"
+  version           = "3.4.18"
   es_name           = "${var.prefix}-eventsteams"
   tags              = var.resource_tags
   region            = var.region
diff --git a/solutions/fully-configurable/main.tf b/solutions/fully-configurable/main.tf
index d4fcc898..b3be82bc 100644
--- a/solutions/fully-configurable/main.tf
+++ b/solutions/fully-configurable/main.tf
@@ -82,7 +82,7 @@ locals {
 
 module "resource_group" {
   source                       = "terraform-ibm-modules/resource-group/ibm"
-  version                      = "1.2.0"
+  version                      = "1.2.1"
   existing_resource_group_name = var.existing_resource_group_name
 }
 
@@ -149,14 +149,14 @@ resource "ibm_iam_authorization_policy" "atracker_cos" {
 module "kms_instance_crn_parser" {
   count   = var.existing_kms_instance_crn != null ? 1 : 0
   source  = "terraform-ibm-modules/common-utilities/ibm//modules/crn-parser"
-  version = "1.1.0"
+  version = "1.2.0"
   crn     = var.existing_kms_instance_crn
 }
 
 module "existing_kms_key_crn_parser" {
   count   = var.kms_encryption_enabled_buckets ? 1 : 0
   source  = "terraform-ibm-modules/common-utilities/ibm//modules/crn-parser"
-  version = "1.1.0"
+  version = "1.2.0"
   crn     = local.cos_kms_key_crn
 }
 
@@ -166,7 +166,7 @@ module "kms" {
   }
   count                       = (local.use_kms_module && (length(coalesce(local.buckets_config, [])) != 0)) ? 1 : 0 # no need to create any KMS resources if `kms_encryption_enabled_buckets` is false or `existing_cos_kms_key_crn` is provided or `buckets_config` length is 0
   source                      = "terraform-ibm-modules/kms-all-inclusive/ibm"
-  version                     = "5.1.7"
+  version                     = "5.1.8"
   create_key_protect_instance = false
   region                      = local.kms_region
   existing_kms_instance_crn   = var.existing_kms_instance_crn
@@ -257,7 +257,7 @@ module "cos_bucket" {
   }
   count   = length(coalesce(local.buckets_config, [])) != 0 ? 1 : 0 # no need to call COS module if consumer is using existing COS bucket
   source  = "terraform-ibm-modules/cos/ibm//modules/buckets"
-  version = "9.0.4"
+  version = "9.1.0"
   bucket_configs = [
     for value in local.buckets_config :
     {
diff --git a/solutions/fully-configurable/version.tf b/solutions/fully-configurable/version.tf
index e0b5d7fb..6e17f3d4 100644
--- a/solutions/fully-configurable/version.tf
+++ b/solutions/fully-configurable/version.tf
@@ -4,11 +4,11 @@ terraform {
     # Lock DA into an exact provider version - renovate automation will keep it updated
     ibm = {
       source  = "ibm-cloud/ibm"
-      version = "1.79.0"
+      version = "1.79.2"
     }
     time = {
       source  = "hashicorp/time"
-      version = "0.13.0"
+      version = "0.13.1"
     }
   }
 }
diff --git a/tests/resources/main.tf b/tests/resources/main.tf
index 9f93d58d..db86b65d 100644
--- a/tests/resources/main.tf
+++ b/tests/resources/main.tf
@@ -4,7 +4,7 @@
 
 module "resource_group" {
   source  = "terraform-ibm-modules/resource-group/ibm"
-  version = "1.1.6"
+  version = "1.2.1"
   # if an existing resource group is not set (null) create a new one using prefix
   resource_group_name          = var.resource_group == null ? "${var.prefix}-resource-group" : null
   existing_resource_group_name = var.resource_group
@@ -16,7 +16,7 @@ module "resource_group" {
 
 module "cos" {
   source            = "terraform-ibm-modules/cos/ibm"
-  version           = "8.19.3"
+  version           = "8.21.25"
   resource_group_id = module.resource_group.resource_group_id
   cos_instance_name = "${var.prefix}-cos"
   cos_tags          = var.resource_tags
@@ -34,7 +34,7 @@ locals {
 
 module "buckets" {
   source  = "terraform-ibm-modules/cos/ibm//modules/buckets"
-  version = "8.19.3"
+  version = "8.21.25"
   bucket_configs = [
     {
       bucket_name            = local.logs_bucket_name